Ad ID: 66323

Restaurant for Sale Auckland Central

Multi-Site Southeast Asian Authentic Restaurant - City Central

Location:
Asking:
$470,000
+ Stock of $10,000
Turnover:
$910,000

Business for Sale Description

Restaurant for Sale Auckland Central

A Sweet & Sour Business Opportunity! 

Weekly Sales = $17,684.47 (GST Incl) 

Annual Rental = $56,765 (GST Excl) 

Turnover to Rent Ratio = 7% 


This Authentic Southeast Asian restaurant is pumping out food all over the city, with its various food outlets to compliment and promote the brand, this is not just your run of the mill Asian restaurant! 


Business Highlights 

- Strong weekly sales 

- 2017 Profit: $129,000 Fully managed or $174,000 to 1x Working owner 

- 3 new "Express" locations added in the last 12 months with potential to add more 

- New event catering / event food caravan added with lots of forward bookings 

- Seating for 70 

- Running under full management 


Current wage costs are high at over 34% and COG's above 34%, this leaves massive opportunity for a sharp operator to add a substantial amount to the already healthy bottom line. 

Want to find out more? Give Sterling Arnet the hospitality specialist a call today to discuss. 


Asking Price: $470,000 + Stock of $10,000

Agency reference #: KA1547

Interested In This Opportunity?

Email To A Friend / Myself

 

Kakapo Business Sales Ltd
For more info
Contact:

Sterling Arnet

Sterling Arnet
02102685891
Kakapo Business Sales
REAA 2008
Broker Ref: KA1547

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